
% Table created by stargazer v.5.2 by Marek Hlavac, Harvard University. E-mail: hlavac at fas.harvard.edu
% Date and time: Fri, Apr 22, 2022 - 21:11:05
% Requires LaTeX packages: rotating 
\begin{sidewaystable}[!htbp] \centering 
  \caption{Checks for pre-trends, with exposure-robust standard errors} 
  \label{table_votes_trend_ex} 
\begin{tabular}{@{\hspace{-10pt}}l@{\hspace{-10pt}}cccccccc} 
\toprule 
 & (1) & (2) & (3) & (4) & (5) & (6) & (7) & (8)\\ 
\midrule  
\\[-2.1ex] $\Delta\textrm{IPW}$ & $-$0.017$^{***}$ & $-$0.011$^{**}$ & $-$0.022$^{***}$ & $-$0.017$^{***}$ & 0.005 & 0.001 & 0.005 & 0.003 \\ 
  & (0.004) & (0.005) & (0.006) & (0.006) & (0.005) & (0.006) & (0.005) & (0.006) \\ 
 \addlinespace 
\midrule  
Years & 1900--1910 & 1900--1910 & 1900--1910 & 1900--1910 & 1885--1895 & 1885--1895 & 1885--1895 & 1885--1895 \\ 
Shock & $\Delta\textrm{IPW}_{1900}$ & $\Delta\textrm{IPW}_{1900}$ & $\Delta\textrm{IPW}_{1900}$ & $\Delta\textrm{IPW}_{1900}$ & $\Delta\textrm{IPW}_{t+2}$ & $\Delta\textrm{IPW}_{t+2}$ & $\Delta\textrm{IPW}_{t+3}$ & $\Delta\textrm{IPW}_{t+3}$ \\ 
Constituency \\time trend & 1885--1910 & 1885--1910 & 1885--1900 & 1885--1900 &  &  &  &  \\ 
Initial MF x election &  & x &  & x &  & x &  & x \\ 
First stage F-state & 12.4 & 12.9 & 12.4 & 13.2 & 16.8 & 16.1 & 18.8 & 18.5 \\ 
Observations & 380 & 380 & 380 & 380 & 380 & 380 & 380 & 380 \\ 
\bottomrule 
\textit{Note:}  & \multicolumn{8}{l}{$^{*}$p$<$0.1; $^{**}$p$<$0.05; $^{***}$p$<$0.01} \\ 
 & \multicolumn{8}{l}{\parbox[t]{0.7\textwidth}{
        This table replicates the results of Table \ref{table_votes_trend_cl}
        using the aggregation
        and standard error calculation methods recommended by Borusyak, Hull,
        and Jaravel (2022)
        Constituency-level variables aggregated up to the industry level,
        dependent variable is share
        of the vote for the Conservative Party. Models (1)--(4) re-estimate the
        main voting result, for the 1900--1910 period, adding controls for
        Conservative vote share as predicted by constituency-specific time
        trends, based on the 1885--1910 period for models (1) and (2), and based
        on the 1885--1900 period for (3) and (4). Models (5)--(8) test for
        differential trends in Conservative voting prior to the acceleration of
        German imports after 1895, regressing Conservative vote share 1885--1895
        on import penetration 1892--1906 and 1895--1910.
        All models include constituency and election fixed effects, even numbers
        add manufacturing employment in 1880 interacted with
        election dummies.
        Standard errors clustered by industry in parentheses.}} \\ 
\end{tabular} 
\end{sidewaystable} 
